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The Financial Express

Search results for: Trade

BB to form body to implement RMG factory safety project

BB to form body to implement RMG factory safety project

FE Report 2018-05-12 17:09:30

The central bank is set to constitute a high-powered committee soon to oversee and implement the readymade garment factory remediation project financed by France, officials said. The committee will b...

China links removal of hurdles to drawing more investment

China links removal of hurdles to drawing more investment

FE Report 2018-05-12 17:05:40

Despite receiving growing interest, Bangladesh cannot attract Chinese outbound investment in a large volume due to multi-pronged hurdles, a key official of the Chinese Embassy in Dhaka told a panel di...

Dollar little changed on week

Dollar little changed on week

Reuters 2018-05-12 15:04:58

The dollar fell for a third day on Friday against a basket of currencies as traders booked gains on its recent run-up spurred by the widening interest rate gaps in favour of the United States and sign...

Three int’l flights miss arrival schedules at HSIA

Three int’l flights miss arrival schedules at HSIA

FE Online Report 2018-05-12 14:30:17

Three international flights failed to arrive on time at Hazrat Shahjalal International Airport (HSIA) on Saturday. Kuwait Airways from Kuwait was supposed to arrive the airport at 10:05 am, but it re...

ICAB ex-president attends 52nd SAFA board meeting

ICAB ex-president attends 52nd SAFA board meeting

FE Online Desk 2018-05-12 14:11:40

Anwaruddin Chowdhury, Council Member & Past President-ICAB and Director, CAPA Board is now in Nepal to attend International Public Sector Conference and CAPA events that began in Kathmundu on Fr...

Korean FDI in textiles again crosses $100 million-mark

Korean FDI in textiles again crosses $100 million-mark

FE Online Report 2018-05-12 14:07:57

Net inflow of Foreign Direct Investment (FDI) in the textile and weaving sector from South Korea has again surpassed $100 million. Central bank statistics, released last month, showed that Korean fi...

YELLOW opens flagship store at Gulshan Main Avenue

YELLOW opens flagship store at Gulshan Main Avenue

FE Online Desk 2018-05-12 13:57:29

YELLOW, a leading fashion brand of Bangladesh inaugurated its flagship store in Dhaka’s upscale Main Gulshan Avenue Friday.  The newly-designed store occupies 10,000 sq. ft., elegantly s...

BD to see imports moderation this fiscal: ESCAP

BD to see imports moderation this fiscal: ESCAP

FE Online Report 2018-05-12 13:47:57

Manufacturing imports in Bangladesh may post lower growth both in terms of value and volume in the current fiscal year. The United Nations Economic and Social Commission for Asia and the Pacific (UNE...

Workshop on Islamic Banking

Workshop on Islamic Banking

FE Online Desk 2018-05-12 13:36:39

Islami Bank Bangladesh Limited and Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) jointly organised workshop on 'Islamic Banking' on Saturday at the auditorium of Islami Bank Training a...

Regent Airways offers special package on Thailand tour

Regent Airways offers special package on Thailand tour

FE Online Desk 2018-05-12 13:26:19

Regent Airways, in association with the Tourism Authority of Thailand (TAT), has launched a special roundtrip package for the Bangladeshi tourists travelling to Thailand. With an aim to make Thailand...

NCC Bank inks agreement with First Security Islami Exchange Italy

NCC Bank inks agreement with First Security Islami Exchange Italy

FE Online Desk 2018-05-12 12:16:02

NCC Bank has signed a Remittance Drawing Agreement with First Security Islami Exchange Italy S.R.L at Bank's Head Office recently. Mosleh Uddin Ahmed, Managing Director & CEO of NCC Bank and Sa...

Imported fine varieties making  inroads into local rice market

Imported fine varieties making inroads into local rice market

FE Report 2018-05-12 00:56:05

Indian fine-quality rice is fast grabbing a share of the Bangladesh staple market after the long dominance of Swarna, one of its coarse varieties. The domestic fine rice market has been expanding sig...

Contract farming in S region to raise mango output, export

Contract farming in S region to raise mango output, export

Yasir Wardad 2018-05-12 00:51:18

Mango production under contract farming is gaining momentum in the southern districts. It is set to boost export of the fruit this year, said insiders. Adoption of good agricultural practice (GAP) b...

Visa rolls out contactless credit and debit cards

Visa rolls out contactless credit and debit cards

FE Report 2018-05-11 17:13:43

Visa, a leading global digital payments network, launched Bangladesh's first contactless credit and debit cards on Thursday and also announced plans to provide interoperable QR-based payment solution....

BERC begins gas price hike hearings from June 11

BERC begins gas price hike hearings from June 11

FE Report 2018-05-11 17:02:13

The energy regulator has announced a series of public hearings from June 11 over the proposals from the state-run gas companies for nearly doubling the gas tariff for consumers, except households. Th...

'E-business Summit & AFACT 2018' concludes aiming to boost trade facilitation in Asia-Pacific

'E-business Summit & AFACT 2018' concludes aiming to boost trade facilitation in Asia-Pacific

FE Online Report 2018-05-11 17:01:58

Three-day 'E-business Summit & AFACT 2018' concluded on Friday aiming to strengthen trade facilitation in the Asia Pacific region. The Asia Pacific Council for Trade Facilitation and Electronic B...

Five int’l flight miss arrival schedule at Dhaka airport

Five int’l flight miss arrival schedule at Dhaka airport

FE Online Report 2018-05-11 16:44:09

Five international flights failed to arrive on time at Hazrat Shahjalal International Airport (HSIA) on Friday. BG022 from Muscat was supposed to arrive at 10:45am, but it landed at 1:14pm, making a...

ESCAP projects higher exports growth for Bangladesh

ESCAP projects higher exports growth for Bangladesh

FE Online Report 2018-05-11 13:43:57

Bangladesh is likely to see a higher growth in its manufacturing exports in the current fiscal year, the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) said in a repo...

Customs valuation: NBR to drop ‘country of origin’ rules

Customs valuation: NBR to drop ‘country of origin’ rules

Doulot Akter Mala 2018-05-11 10:17:55

The National Board of Revenue (NBR) has decided to fix the minimum customs value of products on the basis of their nature and quality instead of the existing 'country of origin', officials said. The...

BB scraps licences of 402 money changers

BB scraps licences of 402 money changers

Rezaul Karim 2018-05-11 09:29:38

More than 400 money changers have got the axe from the central bank since 1997 for breaching the relevant rules and regulations. The Bangladesh Bank (BB) cancelled the operating licences of 402 money...

TECNO Mobile launches two new handsets in Bangladesh

TECNO Mobile launches two new handsets in Bangladesh

FE Online Desk 2018-05-10 21:05:01

One of the largest global manufacturers of smartphone has announced the release of its latest flagship smartphone duo in Bangladesh. TECNO Mobile, at an event in Westin in Dhaka, launched the smartph...

Accord to continue workplace safety in RMG sector for six more months

Accord to continue workplace safety in RMG sector for six more months

FE Online Report 2018-05-10 17:14:45

Accord, a western buyers' platform working to improve workplace safety in the country’s readymade garment sector, has got conditional extension to continue its ongoing safety activities from nex...

Tata Tea Gold now available in Bangladesh

Tata Tea Gold now available in Bangladesh

FE Online Desk 2018-05-10 14:18:22

Tetley ACI Bangladesh Limited (TABL), one of the leading tea manufacturing company of Bangladesh, has announced the launch of a world renowned brand Tata Tea Gold in the country. Sanjay Mohta, mana...

Export earnings grow 6.41pc in July-April

Export earnings grow 6.41pc in July-April

FE Online Report 2018-05-10 14:12:25

The country's export earnings maintained a moderate growth of 6.41 per cent during the first ten months of the current fiscal year (FY), 2017-18. The export earnings stood at US$30.40 billion during...

Walmart acquires India's Flipkart for $16b

Walmart acquires India's Flipkart for $16b

-- 2018-05-10 13:24:40

Walmart said it will pay $16 billion for a roughly 77 per cent stake in Indian e-commerce firm Flipkart, the US retailer’s largest-ever deal as it competes with Amazon.com in an important grow...

Hyundai Rotem set to get Tk 26.79b contract

Hyundai Rotem set to get Tk 26.79b contract

Mir Mostafizur Rahaman 2018-05-10 10:40:27

South Korean rolling stock manufacturer Hyundai Rotem Company, the second lowest bidder, is set to be awarded a locomotive supply contract worth Tk 26.79 billion. The railway ministry sent a propos...

Padma railway project cost to swell by 12pc

Padma railway project cost to swell by 12pc

FHM Humayan Kabir 2018-05-10 10:05:30

The Padma Bridge rail project is likely to be revised, with an increase in its cost and extension of its execution time. The implementation of the project has not yet begun. Officials said that the...

Supply of re-gasified LNG hits bumps

Supply of re-gasified LNG hits bumps

M Azizur Rahman 2018-05-10 09:44:11

The delays in construction of necessary pipeline along with tie-up and 'synchronisation' complexities have held up the supply of re-gasified LNG (liquefied natural gas) to consumers. Although the fir...

Eighth Bangladesh Denim Expo begins with a focus on supply chain equality

Eighth Bangladesh Denim Expo begins with a focus on supply chain equality

FE Online Report 2018-05-09 18:29:39

The eight edition of ‘Bangladesh Denim Expo’ kicks off in the city on Wednesday focusing on equality in the supply chain to develop better working relationship.   The...

90 migrant workers fall victim to employer’s whim in Qatar

90 migrant workers fall victim to employer’s whim in Qatar

FE Report 2018-05-09 17:14:49

About 90 Bangladeshi migrant workers have been facing an uncertain future in Qatar as they were left jobless after the company they worked for stopped paying their wages over five months ago, accordin...